Keli Sensing Technology Ningbo Co Ltd
Keli Sensing Technology (Ningbo) Co.,Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of various types of sensors, weighing indicators, electronic weighing systems, system integration and health scales in China and internationally. It offers beam, single point, S-type, canister, tension, digital, and other load cells, as well as weigh modules; f… Read more
Keli Sensing Technology Ningbo Co Ltd (603662) - Net Assets
Latest net assets as of September 2025: CN¥3.14 Billion CNY
Based on the latest financial reports, Keli Sensing Technology Ningbo Co Ltd (603662) has net assets worth CN¥3.14 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.50 Billion) and total liabilities (CN¥1.36 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.14 Billion |
| % of Total Assets | 69.84% |
| Annual Growth Rate | 15.71% |
| 5-Year Change | 58.29% |
| 10-Year Change | 293.02% |
| Growth Volatility | 17.91 |
Keli Sensing Technology Ningbo Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Keli Sensing Technology Ningbo Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Keli Sensing Technology Ningbo Co Ltd (2014–2024)
The table below shows the annual net assets of Keli Sensing Technology Ningbo Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.05 Billion | +12.52% |
| 2023-12-31 | CN¥2.71 Billion | +12.64% |
| 2022-12-31 | CN¥2.41 Billion | +13.75% |
| 2021-12-31 | CN¥2.12 Billion | +9.79% |
| 2020-12-31 | CN¥1.93 Billion | +9.95% |
| 2019-12-31 | CN¥1.75 Billion | +70.25% |
| 2018-12-31 | CN¥1.03 Billion | +12.59% |
| 2017-12-31 | CN¥915.50 Million | +9.29% |
| 2016-12-31 | CN¥837.71 Million | +7.80% |
| 2015-12-31 | CN¥777.07 Million | +9.45% |
| 2014-12-31 | CN¥709.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Keli Sensing Technology Ningbo Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 748.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.48 Billion | 55.23% |
| Common Stock | CN¥281.66 Million | 10.54% |
| Other Comprehensive Income | CN¥141.24 Million | 5.29% |
| Other Components | CN¥773.48 Million | 28.95% |
| Total Equity | CN¥2.67 Billion | 100.00% |
Keli Sensing Technology Ningbo Co Ltd Competitors by Market Cap
The table below lists competitors of Keli Sensing Technology Ningbo Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yancoal Australia Ltd
PINK:YACAF
|
$1.06 Billion |
|
Energizer Holdings Inc
NYSE:ENR
|
$1.06 Billion |
|
Beacon Financial Corporation
NYSE:BBT
|
$1.06 Billion |
|
Dongjin Semichem Co. Ltd
KQ:005290
|
$1.06 Billion |
|
alstria office REIT-AG
XETRA:AOX
|
$1.06 Billion |
|
Shanghai Zijiang Enterprise Group Co Ltd
SHG:600210
|
$1.06 Billion |
|
K.P.R. Mill Limited
NSE:KPRMILL
|
$1.06 Billion |
|
Chengdu Olymvax Biopharmaceuticals Inc. A
SHG:688319
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keli Sensing Technology Ningbo Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,529,926,084 to 2,672,003,550, a change of 142,077,466 (5.6%).
- Net income of 260,508,322 contributed positively to equity growth.
- Dividend payments of 117,426,687 reduced retained earnings.
- Share repurchases of 7,467,374 reduced equity.
- Other comprehensive income increased equity by 140,725,643.
- Other factors decreased equity by 134,262,438.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥260.51 Million | +9.75% |
| Dividends Paid | CN¥117.43 Million | -4.39% |
| Share Repurchases | CN¥7.47 Million | -0.28% |
| Other Comprehensive Income | CN¥140.73 Million | +5.27% |
| Other Changes | CN¥-134.26 Million | -5.02% |
| Total Change | CN¥- | 5.62% |
Book Value vs Market Value Analysis
This analysis compares Keli Sensing Technology Ningbo Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 18.13x to 6.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥3.31 | CN¥60.07 | x |
| 2015-12-31 | CN¥3.72 | CN¥60.07 | x |
| 2016-12-31 | CN¥3.93 | CN¥60.07 | x |
| 2017-12-31 | CN¥4.31 | CN¥60.07 | x |
| 2018-12-31 | CN¥4.87 | CN¥60.07 | x |
| 2019-12-31 | CN¥6.24 | CN¥60.07 | x |
| 2020-12-31 | CN¥6.81 | CN¥60.07 | x |
| 2021-12-31 | CN¥7.46 | CN¥60.07 | x |
| 2022-12-31 | CN¥8.17 | CN¥60.07 | x |
| 2023-12-31 | CN¥8.91 | CN¥60.07 | x |
| 2024-12-31 | CN¥9.44 | CN¥60.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keli Sensing Technology Ningbo Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.11%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.68x
- Recent ROE (9.75%) is below the historical average (11.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.71% | 14.89% | 0.63x | 1.35x | CN¥19.22 Million |
| 2015 | 10.74% | 14.37% | 0.56x | 1.34x | CN¥5.75 Million |
| 2016 | 8.77% | 12.59% | 0.53x | 1.33x | CN¥-10.17 Million |
| 2017 | 11.92% | 17.29% | 0.52x | 1.32x | CN¥17.52 Million |
| 2018 | 13.71% | 19.85% | 0.53x | 1.30x | CN¥38.13 Million |
| 2019 | 10.45% | 24.73% | 0.35x | 1.19x | CN¥7.90 Million |
| 2020 | 11.51% | 26.34% | 0.34x | 1.27x | CN¥28.88 Million |
| 2021 | 11.99% | 24.37% | 0.34x | 1.43x | CN¥41.62 Million |
| 2022 | 11.34% | 24.53% | 0.30x | 1.54x | CN¥30.73 Million |
| 2023 | 12.35% | 29.14% | 0.28x | 1.52x | CN¥59.44 Million |
| 2024 | 9.75% | 20.11% | 0.29x | 1.68x | CN¥-6.69 Million |
Industry Comparison
This section compares Keli Sensing Technology Ningbo Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Keli Sensing Technology Ningbo Co Ltd (603662) | CN¥3.14 Billion | 12.71% | 0.43x | $1.06 Billion |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |